If the one year treasury has fallen 2%, why has fed funds only dropped 1%? Ben is wrong. Too tight.
Even the 10 year is down 1.4%. He is at least .50 too tight right now.
If the one year treasury has fallen 2%, why has fed funds only dropped 1%? Ben is wrong. Too tight.
Even the 10 year is down 1.4%. He is at least .50 too tight right now.
This entry was posted on Tuesday, December 11th, 2007 at 5:10 pm and is filed under charts, Federal Reserve, interest rates. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.